Romanian banks’ profits drop in H1 2019
Monday, August 26, 2019
The 34 banks operating in Romania have registered total profits of RON 2.75 billion (EUR 579 million) in the first half of this year, down 23.4 percent year-on-year, as declining rates at government bonds and future economic corrections increase the risk of major challenges for the local financial sector. The total bank assets in Romania increased by 5.6 percent year-on-year in June, up to RON 458.8 billion (EUR 96.6 billion), equal to around 45 ...